Essence of Skunk Fragrances, Ltd., sells 4,900 units of its perfume collection each year at a price per unit of $495. All sales are on credit with terms of 1 / 10, net 40. The discount is taken by 40 percent of the customers.

Calculate the average collection period. (Do not round intermediate calculations.)

Average collection period

days

What is the receivables turnover? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 3 decimal places. (e.g., 32.161))

Receivables turnover

times

What is the amount of the companys average receivables? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Average receivables

$